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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Cash flows from operating activities:    
Net income $ 461,100,000 $ 123,900,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Asset impairments 0 7,900,000
Depreciation and amortization 57,100,000 44,300,000
Stock-based compensation 17,200,000 10,100,000
Loss (gain) on disposal of other assets 100,000 (300,000)
Loss (gain) on disposal of franchise 5,200,000 (1,400,000)
Unrealized investment gain (900,000) 0
Deferred income taxes 31,800,000 (4,900,000)
Amortization of operating lease right-of-use assets 16,500,000 13,500,000
(Increase) decrease (net of acquisitions and dispositions):    
Accounts receivable, net (185,000,000.0) 53,800,000
Inventories 663,100,000 624,700,000
Other assets (103,000,000.0) (14,800,000)
Increase (decrease) (net of acquisitions and dispositions):    
Floor plan notes payable 47,000,000.0 (130,700,000)
Trade payables 97,400,000 300,000
Accrued liabilities 144,300,000 55,400,000
Other long-term liabilities and deferred revenue 11,600,000 8,200,000
Net cash provided by operating activities 1,263,500,000 790,000,000.0
Cash flows from investing activities:    
Capital expenditures (113,000,000.0) (78,300,000)
Proceeds from sales of assets 0 1,600,000
Cash paid for other investments (9,900,000) (9,700,000)
Cash paid for acquisitions, net of cash acquired (1,741,900,000) (92,300,000)
Proceeds from sales of stores 43,700,000 11,600,000
Net cash used in investing activities (1,821,100,000) (167,100,000)
Cash flows from financing activities:    
Repayments on floor plan notes payable, net: non-trade (571,600,000) (456,800,000)
Borrowings on lines of credit 1,454,900,000 925,400,000
Repayments on lines of credit (1,519,500,000) (1,034,400,000)
Principal payments on long-term debt and finance lease liabilities, scheduled (12,600,000) (13,300,000)
Principal payments on long-term debt and finance lease liabilities, other (65,000,000.0) (4,900,000)
Proceeds from issuance of long-term debt 817,500,000 56,500,000
Payment of debt issuance costs (10,600,000) (900,000)
Proceeds from issuance of common stock 1,120,000,000.0 6,100,000
Repurchase of common stock (15,900,000) (50,500,000)
Dividends paid (17,500,000) (13,800,000)
Payment of contingent consideration related to acquisitions (1,400,000) 0
Net cash provided by (used in) financing activities 1,178,300,000 (586,600,000)
Increase in cash and cash equivalents 620,700,000 36,300,000
Cash and cash equivalents at beginning of period 160,200,000 84,000,000.0
Cash and cash equivalents at end of period 780,900,000 120,300,000
Supplemental disclosure of cash flow information:    
Cash paid during the period for interest 57,200,000 61,300,000
Cash paid during the period for income taxes, net 129,300,000 4,400,000
Floor plan debt paid in connection with store disposals 8,700,000 22,000,000.0
Supplemental schedule of non-cash activities:    
Debt issued in connection with acquisitions 225,600,000 0
Debt assumed in connection with acquisitions 4,000,000.0 0
Acquisition of finance leases in connection with acquisitions 0 15,400,000
Right-of-use assets obtained in exchange for lease liabilities $ 8,100,000 $ 4,200,000